Following a successful start, in June 2021, of borrowing to finance the recovery in the context of the NextGenerationEU instrument, the European Commission announced on Tuesday, 14 December, its issuance plan to cover the funding needs under NextGenerationEU for the first half of 2022.
The plan provides for the issuance of €50 billion in long-term EU-Bonds between January and June 2022, which are to be supplemented by short-term EU-Bills.
The current funding plan is based on the...